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← Intellectual Property Corporation of Malaysia Act 2002

Intellectual Property Corporation of Malaysia Act 2002 s 31

Intellectual Property Corporation of Malaysia Act 2002 s 31

s 31 Expenditure and preparation of estimates

(1) The expenditure of the Corporation up to such amount as may be authorized by the Corporation for any one financial year shall be defrayed out of the Fund. (2) Before the beginning of each financial year, an estimate of the expenditure for the following financial year in such form and containing such particulars as the Minister may direct shall be submitted by the Corporation to the Minister for his approval, and the Minister shall, before the beginning of that following financial year, notify the Corporation of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure. (3) The Corporation may, at any time, submit to the Minister a supplementary estimate for any one financial year and the Minister may allow the whole or any part of the additional expenditure included in the supplementary estimate.

Malay text (authoritative)

Perbelanjaan dan penyediaan anggaran

(1) Perbelanjaan Perbadanan setakat apa-apa amaun yang dibenarkan oleh Perbadanan bagi mana-mana satu tahun kewangan hendaklah dibayar daripada Kumpulan Wang. (2) Sebelum permulaan setiap tahun kewangan, suatu anggaran perbelanjaan bagi tahun kewangan yang berikutnya dalam apa-apa bentuk dan yang mengandungi apa-apa butir sebagaimana yang diarahkan oleh Menteri hendaklah dikemukakan oleh Perbadanan kepada Menteri untuk kelulusannya, dan Menteri hendaklah, sebelum permulaan tahun kewangan yang berikutnya, memberitahu Perbadanan tentang amaun yang dibenarkan bagi perbelanjaan pada amnya atau amaun yang dibenarkan bagi setiap perihalan perbelanjaan. (3) Perbadanan boleh, pada bila-bila masa, mengemukakan kepada Menteri suatu anggaran tambahan bagi mana-mana satu tahun kewangan dan Menteri boleh membenarkan kesemua atau manamana bahagian daripada perbelanjaan tambahan yang termasuk dalam anggaran tambahan itu.

Read this section in the full act → · Open Part V →

Find Act 617 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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